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With roots dating back to 1858, Standard Chartered is the oldest foreign bank in China. The relationship looks set to continue, with the group’s recently appointed global chief executive Bill Winters having been vocal on the importance of China to the bank’s future plans. Ambitions to strengthen the bank’s position in the Chinese market have come during a difficult period for Standard Chartered, which in 2015 reported its first loss since the Asian financial crisis of 1998 (though it returned to profit the following year). Praised as ‘an outstanding lawyer with solid ethical values’, Standard Chartered Bank China’s head of legal Daniel Liu will play an important part in helping the bank to mitigate risks in one of its key territories, particularly with the country’s financial markets experiencing their own period of uncertainty. Liu leads a team of around 30 lawyers and was prominent in helping the bank through its recent restructuring.